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Re: Getting rid of your timeshare (by Carvan A.):

"I'm glad you took the time to read our IRS report. However, I'm sorry you didn't understand it."

I suggest you go to the official IRS site: www.irs/gov/newsroom/article/O,,I'd=106990,00.html for an article written in laymen's language that will better help you understand what is allowed as a charitable deduction. The deduction is limited to the FMV on the date of the donation and the original purchase price is immaterial. The taxpayer must declare the FMV of the timeshare on Form 8283 and a TS valued at $5,000 to avoid the need for an appraisal is a red flag for an IRS audit. I also suggest you read publication 561(determining the value of donated property) especially the section relating to determining the FMV of real estate.

Form 8283 is signed by the taxpayer and must be attached to the tax return (Form 1040). The taxpayer signs the return declaring under the penalties of perjury that the information contained therein is true and correct to the best of their knowledge and belief.

The IRS Criminal Investigation Divsion actively investigates firms that advise individuals to file false returns. If, you have not already done so, I strongly suggest you hire a tax attorney to review the advice you are giving to TS owners when soliciting TS donations. I am willing to subject myself to ad hominem attacks from you in my attempt to alert TS owners who are tempted to claim a charitable deduction for a timeshare they could not sell for $1 on EBay